Van ECK Associates Corp Has $1.53 Million Holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Van ECK Associates Corp lessened its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Free Report) by 53.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,249 shares of the utilities provider's stock after selling 105,255 shares during the period. Van ECK Associates Corp's holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $1,534,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock worth $74,966,000 after buying an additional 98,552 shares during the period. Haven Global Partners LLC bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth $3,291,000. First Affirmative Financial Network increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the 4th quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider's stock worth $226,000 after buying an additional 972 shares during the period. Blue Trust Inc. increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider's stock worth $120,000 after buying an additional 3,110 shares during the period. Finally, DGS Capital Management LLC increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the 4th quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider's stock worth $1,241,000 after buying an additional 18,035 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

TLK stock traded down $0.22 during trading hours on Friday, hitting $15.94. 322,643 shares of the stock were exchanged, compared to its average volume of 685,239. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $15.79 billion, a P/E ratio of 11.07, a P/E/G ratio of 2.18 and a beta of 0.77. The company has a 50-day simple moving average of $16.19 and a two-hundred day simple moving average of $17.69. Perusahaan Perseroan has a 12 month low of $14.16 and a 12 month high of $26.45.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.